Essential Innovations Technology Corp (EITC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
142-114 W MAGNOLIA STREET SUITE 400 BELLINGHAM, WA 98225 |
| State of Incorp. | NV |
| Fiscal Year End | October 31 |
| Industry (SIC) | 359 - Miscellaneous Industrial And Commercial (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 134 | 82,424 | 146 | |||
| Cash and cash equivalents | 134 | 82,424 | 146 | |||
| Total current assets: | 134 | 82,424 | 146 | |||
| Noncurrent Assets | ||||||
| Intangible assets, net (including goodwill) | ✕ | 260,068 | ||||
| Intangible assets, net (excluding goodwill) | 260,068 | |||||
| Total noncurrent assets: | 260,068 | |||||
| TOTAL ASSETS: | 134 | 82,424 | 260,214 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 581,836 | 465,372 | 458,420 | |||
| Employee-related liabilities | 89,486 | 10,000 | 90,000 | |||
| Accounts payable | 399,850 | 372,872 | 345,920 | |||
| Accrued liabilities | 92,500 | 82,500 | 22,500 | |||
| Debt | 491,299 | 491,299 | 491,299 | |||
| Due to related parties | 74,511 | |||||
| Other undisclosed current liabilities | 49,570 | 7,645 | ||||
| Total current liabilities: | 1,147,646 | 1,006,241 | 957,364 | |||
| Noncurrent Liabilities | ||||||
| Total liabilities: | 1,147,646 | 1,006,241 | 957,364 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | (1,147,512) | (923,817) | (697,150) | |||
| Common stock | 24,353 | 23,453 | 17,333 | |||
| Additional paid in capital | 3,208,540 | 3,186,940 | 2,617,922 | |||
| Accumulated deficit | (1,849,309) | (1,849,309) | (1,849,309) | |||
| Other undisclosed equity, attributable to parent | (2,531,096) | (2,284,901) | (1,483,096) | |||
| Total equity: | (1,147,512) | (923,817) | (697,150) | |||
| TOTAL LIABILITIES AND EQUITY: | 134 | 82,424 | 260,214 | |||
Income Statement (P&L) (USD)
| 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|---|
| Operating expenses | (220,863) | (776,392) | (1,156,373) | ||
| Operating loss: | (220,863) | (776,392) | (1,156,373) | ||
| Interest and debt expense | (25,332) | (25,413) | 29,605 | ||
| Loss from continuing operations before income taxes: | (246,195) | (801,805) | (1,126,768) | ||
| Income tax benefit | 84,000 | 137,000 | 383,000 | ||
| Loss from continuing operations: | (162,195) | (664,805) | (743,768) | ||
| Loss before gain (loss) on sale of properties: | (162,195) | (664,805) | (743,768) | ||
| Net loss: | (162,195) | (664,805) | (743,768) | ||
| Other undisclosed net loss attributable to parent | (84,000) | (137,000) | (383,000) | ||
| Net loss available to common stockholders, diluted: | (246,195) | (801,805) | (1,126,768) | ||
Comprehensive Income (USD)
| 10/31/2015 | 10/31/2014 | 10/31/2013 | 10/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (162,195) | (664,805) | (743,768) | ||
| Comprehensive loss, net of tax, attributable to parent: | (162,195) | (664,805) | (743,768) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.